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Brooklyn road salt company buys former Laminations Inc. building

SCRANTON, PA — The Hinerfeld Commercial Real Estate Company brokered the sale of a 51,000 s/f industrial building owned by VON STORCH AVENUE LLC of Scranton. The building was sold to 1350 VON STORCH AVENUE, LLC. The building is 50,000 s/f of warehouse/distribution/garage and approximately 1,000 s/f of office space…
Developer Charles Jefferson adds long-empty Samter’s to regional portfolio

A developer who already has strong ties in the region bought the historic Samter’s building three days after Christmas. Charles Jefferson, whose investment groups own Montage Mountain Resorts, the Connell Building on North Washington Avenue and the Leonard Theater on Adams Avenue, purchased the 43,712-square-foot building for the asking price…
Health care investments top last year’s business stories

[blockquote align=”left” variation=”deepblue”] For sale downtown Scranton Mall Associates, a company owned by the Boscov family, lost two historic buildings along Lackawanna Avenue to foreclosure this year. Then, the Oppenheim building, at Lackawanna and Wyoming avenues, and the Samter’s building, at Lackawanna and Penn avenues, attracted no bidders at a…